Yeo Han-koo (third from right), head of the trade negotiation bureau of the Trade Ministry, and ambassadors from five Central American countries hold hands before their meeting at Hotel Lotte in Seoul on Aug. 13.

India’s seafood exports to the European Union is set to drop sharply this year after its biggest competitor Vietnam signed a free trade agreement (FTA) with the European Bloc in July that helps it export products to the EU without any customs duty, according to the Maharashtra region head of the seafood exporters body.

The export revenue of Vietnam’s garment and textile industry was estimated at US$18.34 billion in the first seven months of 2019, a year-on-year increase of 10.5%, according to a report from the Ministry of Industry and Trade (MoIT).

SWEDEN has ordered businesses to prepare for a no-deal Brexit as fears continue to grow across the European Union.

The ASEAN-Hong Kong (China) Free Trade Agreement (AHKFTA) came into effect on June 11 for Singapore, Thailand, Vietnam, Laos, and Myanmar, creating a driving force for trade and investment between ASEAN nations and Hong Kong (China). The remaining ASEAN member states will complete the ratification process later this year.

The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has inked a memorandum of understanding (MoU) on trade and investment promotion with Uruguay’s Investment, Export and Country Brand Promotion Agency.

The recently inked EU-Vietnam Free Trade Agreement (EVFTA) has made Vietnam the second ASEAN country and the first developing nation in the region to have an FTA with the European Union (EU). This high-standard FTA is expected to open unprecedented business opportunities for both sides. However, it will also require them to cope with challenges.

South Korean President Moon Jae-in offered an olive branch to Japan yesterday to end an ongoing trade dispute, saying Seoul will "gladly join hands" if Tokyo wants to talk.

Vietnam Leather, Footwear and Handbag Association Secretary General Phan Thi Thanh Xuan talked about the benefits of the EU-Vietnam Free Trade Agreement (EVFTA) in an interview with Vietnam Economic News’ Viet Nga.

The government has issued an administrative notice of a revision that will remove Japan from a list of preferred trade partner countries.